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Use the following information to answer the next two questions: Pet Corporation has been in the business of providing dog and cat grooming services
Use the following information to answer the next two questions: Pet Corporation has been in the business of providing dog and cat grooming services since 2003. The following information concerning financial activities during 2013 is available at December 31, 2015. 6. Grooming Revenue Accounts Receivable Accounts Payable S alary Expense Buil ding Note P ayable Total assets as of December 31, 2015 are: A. S130,ooo B. 5130,OOO c. neg,ooo D. S151,ooo E. S147,OOO S145,ooo 21,000 z ooo 17,000 52,000 h ooo 8,000 ng,DD0 Adverti sing Expense Common Stock Retained Earnings, 1/1/15 Utilities Expense Rent Expense Supplies Insurance Expense Retained Earnings on December 31, 2015 is: A. S gs,ooo B. S 22,000 c. 51,000 D. 26,000
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